United States:
Creditors Attacking The Trust
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Twenty years ago, in the spring of 2000, the Colorado Supreme
Court released its decision in Lagae v. Lackner. The
decision rejected a creditor's attack on a valuable Colorado
ranch.
Lague resolved the immediate creditor challenge, but it
has also served as a catalyst for legislative reforms both in
Colorado and on the national stage. This article reviews the
historic Lague decision and the subsequent legislative
responses.
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